How many company-owned Apricot Lane outlets were in operation at the start of 2023?
Apricot_Lane Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 82 | 108 | +26 |
| 2023 | 108 | 112 | +4 | |
| 2024 | 112 | 109 | -3 | |
| Company-Owned | 2022 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 0 | |
| Total Outlets | 2022 | 82 | 108 | +26 |
| 2023 | 108 | 112 | +4 | |
| 2024 | 112 | 109 | -3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 41–51)
What This Means (2025 FDD)
According to Apricot Lane's 2025 Franchise Disclosure Document, at the start of 2023, there were zero company-owned Apricot Lane outlets. The table provided in Item 20 of the FDD details the number of franchised and company-owned outlets from 2022 to 2024.
The data shows that Apricot Lane primarily operates through franchised locations. The company did not operate any company-owned stores during the years 2022, 2023, and 2024. This information is crucial for potential franchisees to understand the business model of Apricot Lane.
For a prospective franchisee, this indicates that Apricot Lane focuses on supporting its franchisees rather than competing with them through company-owned stores. This might be seen as a positive aspect, suggesting that the franchisor's revenue is primarily derived from franchise fees and royalties, aligning their interests with the success of the franchisees.